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Consolidated Statements of Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Income Statement [Abstract]      
Revenue $ 107,552 $ 102,644 $ 98,503
Cost of products sold 103,011 98,482 94,722
Gross margin 4,541 4,162 3,781
Operating expenses:      
Distribution, selling, general and administrative expenses 2,677 2,528 2,397
Restructuring and employee severance 21 [1] 15 [1] 91 [1]
Acquisition-related costs 33 90 19
Impairments and loss on disposal of assets 21 9 29
Litigation (recoveries)/charges, net (3) 6 (62)
Operating earnings 1,792 1,514 1,307
Other (income)/expense, net (1) (22) (13)
Interest expense, net 95 93 113
Loss on extinguishment of debt 0 0 40
Gain on sale of investment in CareFusion 0 (75) (45)
Earnings before income taxes and discontinued operations 1,698 1,518 1,212
Provision for income taxes 628 552 625
Earnings from continuing operations 1,070 966 587
Earnings/(loss) from discontinued operations, net of tax (1) (7) 55
Net earnings $ 1,069 $ 959 $ 642
Basic earnings/(loss) per Common Share:      
Continuing operations (per share) $ 3.10 $ 2.77 $ 1.64
Discontinued operations $ 0.00 $ (0.02) $ 0.15
Net basic earnings per Common Share $ 3.10 $ 2.75 $ 1.79
Diluted earnings/(loss) per Common Share:      
Continuing operations (per share) $ 3.06 $ 2.74 $ 1.62
Discontinued operations $ 0.00 $ (0.02) $ 0.15
Net diluted earnings per Common Share $ 3.06 $ 2.72 $ 1.77
Weighted average number of Common Shares outstanding:      
Weighted-average Common Shares-basic 345 349 359
Weighted-average Common Shares-diluted 349 353 361
[1] (3)We incurred restructuring expenses related to the Spin-Off of $7 million and $65 million for fiscal 2011 and 2010, respectively.